Green Infrastructure Investment Opportunities VIETNAM 2019 REPORT

The report highlights the critical need for green infrastructure investment in Vietnam, estimating a requirement of USD31bn by 2020 to align with NDC commitments. It identifies key opportunities across renewable energy, low carbon transport, sustainable water management, and sustainable waste management, while analyzing the current state of green finance in the country. The document argues that while public funding has dominated, there is a significant opportunity to attract private capital through green bonds, public-private partnerships (PPPs), and the support of Development Finance Institutions (DFIs). It provides a sample pipeline of 40 projects and recommends policy changes, such as issuing a green sovereign bond and improving the visibility of green assets, to accelerate the transition.

• Vietnam requires approximately USD31bn by 2020 to transition its carbon-dependent development toward its Nationally Determined Contribution (NDC) commitments, with a further USD21.13bn needed specifically for adaptation and mitigation targets as calculated in 2017.
• Vietnam's energy demand is growing at 9.1% annually and is projected to increase by 8% per annum from 2021 to 2030. To meet this, the country needs to increase annual installed capacity by 6,000-7,000 MW, with a focus on renewable energy to replace coal and large hydropower.
• The transport sector accounted for 18% of total CO2 emissions in 2014, with road transport contributing approximately 68% of those emissions. To meet targets of reducing GHG emissions by 25% by 2030 and 45% by 2050, Vietnam must shift toward public transport and clean fuels.
• Vietnam faces significant water infrastructure deficits; in 2015, piped water reached only 10% of rural and 61% of urban households. The government aims for 100% of the population to have access to safe drinking water by 2030.
• Vietnam generates over 28 million tons of waste annually, with GHG emissions from waste projected to reach 26.6m MtCO2e in 2020 and nearly double to 48m MtCO2e by 2030. Current management relies heavily on incineration and landfilling.
• Green bond issuance in Vietnam is in its early stages, with only USD27m issued to date by local government entities (Ho Chi Minh City and Ba Ria Vung Tau Province) in 2016. There is a significant opportunity for the issuance of a green sovereign bond.
• The Vietnamese banking system is central to the economy, financing around 70% of capital needs. The State Bank of Vietnam (SBV) has promoted green credit, with 20 credit institutions providing green credit loans as of Q1 2019, totaling VND242,000bn.
• The Ho Chi Minh Stock Exchange (HOSE) launched the Green and Sustainable Index (VNSI) on July 24, 2017, which measures the performance of the top 20 sustainable stocks from the VN100 based on an ESG evaluation process.
• Development Finance Institutions (DFIs) such as the IFC, ADB, AIIB, and World Bank can act as market facilitators in Vietnam by providing blended finance, credit enhancements, and acting as anchor investors to catalyze private capital.
• The report identifies a sample pipeline of 40 green projects, including the Dau Tieng solar power complex (420 MW, USD391m), the Lai Hoa wind farm (98 MW, USD237.4m), and the Hanoi Metro Line 2A (USD868m).

APA

Climate Bonds Initiative (2019). Green Infrastructure Investment Opportunities VIETNAM 2019 REPORT. https://www.climatebonds.net/files/documents/publications/Green-Infrastructure-Investment-Opportunities-GIIO-Vietnam.pdf

Chicago

Climate Bonds Initiative. Green Infrastructure Investment Opportunities VIETNAM 2019 REPORT. 2019. https://www.climatebonds.net/files/documents/publications/Green-Infrastructure-Investment-Opportunities-GIIO-Vietnam.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Infrastructure Investment Opportunities VIETNAM 2019 REPORT |date=2019 |url=https://www.climatebonds.net/files/documents/publications/Green-Infrastructure-Investment-Opportunities-GIIO-Vietnam.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Infrastructure Investment Opportunities VIETNAM 2019 REPORT}}, institution = {Climate Bonds Initiative}, year = {2019}, url = {https://www.climatebonds.net/files/documents/publications/Green-Infrastructure-Investment-Opportunities-GIIO-Vietnam.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }